1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
solmaris [256]
3 years ago
11

In January 2016​, currency held by individuals and businesses and​ traveler's checks was ​$1,347 ​billion; checkable deposits ow

ned by individuals and businesses were ​$1,764 ​billion; savings deposits were ​$8,189 ​billion; small time deposits were ​$400 ​billion; and money market funds and other deposits were ​$709 billion. Calculate savings deposits in January 2016.
Business
1 answer:
Zielflug [23.3K]3 years ago
3 0

Answer:

M_1 = $3111

M_2 = $12409

Explanation:

    Given data:

Amount of currency held  =  $1347 billion

checkable deposit $1347 billion

saving deposit $8189 billion

small time deposit $400 billion

market fund $709 billion

Saving deposit in the form M2 and M1

M_1 =  currency held as individual and traveller check +  checkable deposit

       = $1347 + $1764

M_1 = $3111

M_2 = M_1 +  saving deposit _ time deposit + maket funds

       = $3111 + $8189 + $400 + $709

M_2 = $12409

You might be interested in
A statewide alliance of independent hospitals has formed in order to do group purchasing of medical supplies. Group purchasing a
STatiana [176]

Answer:

The correct answer is c. economies of scale.

Explanation:

The situation in which a company reduces its production expenses by expanding is called economy of scale. It is a situation in which the more it occurs, the cost that the company has to manufacture a product is lower.

There is a greater benefit for every extra unit we produce. This reduction in the cost of unit manufacturing is not reduced because the price of raw materials goes down, but to take advantage of a material that we have already bought and in which we invested money in the past.

Therefore, it occurs especially in situations in which the company buys more facilities. If we buy a machinery, the way to take advantage of it is to produce more since it is the way that we get a greater benefit, by taking advantage of the same machinery to produce more products, the unit cost of each product is lower. And we will get more benefit the more we produce. This benefit will be greater since we will not have to increase manufacturing costs since we have already had it before.

3 0
3 years ago
Informative headings and subheadings..
aliina [53]

Answer: Is the business manegement?

Explanation: If what unit and lesson i did all

7 0
3 years ago
Asher buys a linen suit from Miriam and gives it to his father, Moises. Moises takes the suit to Vanessa, who runs a local dry c
andrezito [222]
This doesn’t even make any sense
7 0
3 years ago
During February 2018 its first month of operations, the stockholders of Bonita Enterprises invested cash of $49500. Bonita had c
hichkok12 [17]

The balance in Cash at February 28 = $44900

<u>Explanation:</u>

Given:  

Cash invested by stockholders of Bonita Enterprises = $49500

Cash revenues of Bonita = $10100

Expenses paid by Bonita = $14700

Calculation of balance in cash as follows:

The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900

Hence the correct answer is $44900

5 0
3 years ago
Fill in the missing word to complete the following statement based on the information in this lesson.
Likurg_2 [28]
I think d. sorry if i'm wrong
7 0
3 years ago
Read 2 more answers
Other questions:
  • At the beginning of Year 1, Mitchell Company purchased office equipment for $15,000. The machine has an estimated residual value
    10·1 answer
  • A large country imposes capital controls that prohibit foreign borrowing and lending by domestic residents. The country is curre
    8·1 answer
  • According to the principle of _____ researchers are responsible for keeping all of the data they gather on individuals completel
    15·1 answer
  • Keesha Co. borrows $200,000 cash on November 1, 2015, by signing a 90-day, 9% note with a face value of $200,000.
    9·1 answer
  • When modeling economic situations using game theory, the economic participants are generally referred to as:?
    9·2 answers
  • What is the impact on the non-controlling interest of a subsidiary when there are downstream transfers of inventory between the
    15·1 answer
  • A(n) _____ is a problem-solving strategy that involves following a specific rule, procedure, or method that inevitably produces
    8·1 answer
  • Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. W
    9·1 answer
  • During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics
    12·1 answer
  • What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!